Credit Counselling

Establish better spending habits

We provide credit counselling to help you establish better spending habits that will lead to a more financially responsible life.

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David Sklar & Associates Inc.
5.0
Based on 740 reviews
Patty Murphy
21:34 18 May 22
Jerry is a very patient person, he answered all my questions and made this experience so smooth and easy for me. I was not sure what to expect but dealing with him made me feel so much better. He sure knows what he is doing and how to put people at ease for sure (should have done this long ago). I recommend him to anyone I am so glad I had him on my side and now to do my part. Thanks Jerry ur greatPattie
Debbie Livingston
01:24 11 May 22
Rhoda Lewis helped me achieve a fresh start two and half years ago! She was very professional with a very warm, caring personality! I emailed her today with a question and she responded quickly. She's great at her chosen profession!!
Cassandra Keenan
21:05 10 May 22
Nothing but good things to say about Jackie. She was so nice and so understand and everything was so quick and easy. In a matter of a week, there was the solution that I never thought was possible. Thank you so very much for everything that you have done. ❤️❤️❤️
Hubert Z
03:08 10 May 22
I was in a lot of debt and stress, Jackie Stanley with David Sklar & Associates was very professional, and extremely helpful with getting out of debt. I should of did this sooner, they take the all the weight and stress of a persons shoulders, amazing team at David Sklar & Associates!!
prettylush 13
02:42 10 May 22
Jackie helped me out during a really tough time and she made the entire process very easy and painless. I highly recommend reaching out to her if you find yourself in any financial trouble. You won’t be disappointed!
Kipyego arap Serem
19:00 09 May 22
I had a good experience with Jackie. Making appointment to see her was easy and follow up was great. I appreciated the detailed information she gave and the clear explanation of the options I had. While I landed on this company without anyone's recommendation, I will be happy to recommend their services to those who need them.
Ankita Sisodia
18:51 09 May 22
Jackie has been really helpful with my issues. She is approachable and friendly and I recommend her to anyone trying to access her services.
Christina Ivany
15:52 07 May 22
The service that was provided to me from Trina at David Sklar and Associates was nothing but superb! I was referred to them through family, and Trina was nothing but understanding and so so so helpful! Every part of the process was smooth and efficient and she explained everything to me so I would be able to understand the process. Can’t believe the weight that has been lifted off my shoulders. Thank you so so much Trina!
Linda Bennett
15:29 06 May 22
I’m so glad that I spoke to Rhoda. I was nervous having to claim bankruptcy, but Rhoda is very resourceful and has a wonderful way of putting you at ease. I felt like I was speaking to my best friend. Rhoda from the bottom of my heart thank you for your help and kindness it goes along way. Linda Bennett
Emma Higgins
19:14 02 May 22
I was absolutely terrified of admitting I needed help and was in a tough position where my best option was to file for bankruptcy. As someone with severe anxiety it was one of the hardest calls I had to make but once I spoke with Trina at David Sklar she immediately made me feel at ease and like I was in good hands. I mostly dealt with Trina and Eva who were so kind and communicative throughout the whole process and made it as painless as possible.I did briefly speak with a couple of other associates from time to time and they were also equally as lovely. The reviews for this company obviously say a lot about these guys and it rings true. I’m not someone who usually writes lengthy reviews but I am happy to recommend David Sklar and associates for anything. Thank you guys for always treating your clients like human beings and always being available for questions or concerns.
Jan Toone
00:43 28 Apr 22
I’m finally debt free! I made the right decision by contacting David Sklar to help me with my debts. Grateful to his Associates, especially Cori Naron, she’s very approachable, knowledgeable and kind. She indeed helped me succeed (with her advices and experiences) to pay off my balance before my due date 😇. Her office at St. Clair Ave. West is very accessible as well. I can now focus with my other goals - for I am a mother of Four….
Keeping It Real With Sandy and Ang
17:15 21 Apr 22
I highly recommend this firm. Christine has been such a help and was very professional but kind I was treated with respect at a time when I was vulnerable and overwhelmed and Christine in a very short time made me feel at ease I didn't feel judged or looked down on. This was a hard decision for me to make but I am so glad I took the leap to move ahead with a plan that is showing light at the end of the tunnel.. Again I highly recommend this firm as well as Christine.
Keeping It Real With Sandy and Ang
12:57 21 Apr 22
I highly recommend this firm. Christine has been such a help and was very professional but kind I was treated with respect at a time when I was vulnerable and overwhelmed and Christine in a very short time made me feel at ease I didn't feel judged or looked down on. This was a hard decision for me to make but I am so glad I took the leap to move ahead with a olan that is showing light at the end of the tunnel.. Again I highly recommend this firm as well as Christine.
Brandon Podilczyk
20:25 19 Apr 22
It's been good talking an working with gurvinder he helped me out a lot with my issue I was having an want to say thanks
Alex Vrzovski
16:14 11 Apr 22
David Sklar & Associates really helped me. Specially Jackie Stanley, and the whole team. It was a difficult decision to make, but I was so glad I made it. It was like a huge weight off my shoulders and felt like never ending payments to creditors that needed to stop. With the Team at David Sklar it helped me reset my life again and giving myself a chance at it. Thank you so much for all your help I really appreciate it.
Ricky Oliveira
16:04 11 Apr 22
I definitely recommend going to see Jackie Stanleyto anyone who needs help with their financial stability. Not only was she very knowledgeable in the field, but she was super supportive and always keep your interests as their number one priority. Thanks for all your help!!!
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Credit counselling in Ontario?

The licensed insolvency trustees at David Sklar & Associates have been successfully helping people achieve financial empowerment through credit counselling in Ontario since 1997.  We know that debt is overwhelming and stressful, which is why we provide a judgment-free atmosphere where we explain your options and help you make an educated decision.  We provide credit counselling services to teach individuals how to manage debt. Our strategies will help you manage credit, budget money, save money and get you back on track.

The initial consultation with your counsellor is free, so even if you’re not ready to move forward you will be able to make the right decision when you are.

Should you choose to file for bankruptcy or a consumer proposal, you will be asked to attend two mandatory sessions of credit counselling which will help you avoid making the same financial mistakes.

What you will learn:

  • How to set & reach financial goals
  • Identify & overcome poor financial habits
  • Create & manage budgets
  • Financial ownership
  • How to use credit effectively
  • How to save money
  • Establish strong credit

We are certified

Our team is made up of certified insolvency counsellors who are equipped with the knowledge and experience necessary to provide reputable credit counselling services to you.

WHAT TO LOOK FOR IN A CREDIT COUNSELLOR:

David Sklar & Associates is staffed with patient and encouraging counsellors who are committed to the financial empowerment of every person we assist.

We know that debt is overwhelming and stressful, which is why we provide a judgment-free atmosphere where we explain the options and help you make an educated decision. The team at David Sklar is committed to providing the tools and resources you need to achieve financial wellness.

We are driven and are passionate about helping you erase your debt. When you choose us as your Licensed Insolvency Trustee, you can have peace of mind that we will provide you with compassionate and educational credit counselling services.

There is no one-size-fits-all solution to debt management. The counsellors at David Sklar & Associates provide you with the one on one attention you need to establish a debt management plan that is well suited to your needs, capabilities, and lifestyle. Our sessions are catered to your unique needs to help you set feasible goals.

Our team is made up of certified insolvency counsellors who are equipped with the knowledge and experience necessary to provide reputable credit counselling services to you.

A good credit counselling agency in Toronto will provide you with a free consultation to assess your unique needs.

When you are seeking debt relief and require a plan of action — but don’t yet want to make a commitment — you can have peace of mind that we will provide you with a free consultation to go over your current finances and your different options. Then, we will work with you to determine the best path to help you achieve debt relief.

We have been successfully helping people achieve financial empowerment through credit counselling in Toronto since 1997. Our team of experienced counsellors understand bankruptcy and debt management and are committed to sharing that knowledge to help you reduce your debt.

Credit Counselling FAQ

The main purpose of credit counselling is to provide individuals with the guidance they need to make better financial decisions and to provide them with the resources and education they need to absolve themselves of debt. These services also exist to help individuals who are looking to file for bankruptcy or a consumer proposal.
Credit counselling in Ontario is required by law when filing for bankruptcy or filing a consumer proposal. In both processes, an individual is required to complete two credit counselling sessions. The first session will typically occur two months into the proposal, whereas the second will generally occur 7 months into the process.

When we provide personalized credit counselling services, we consider your unique needs. We will work with you to determine how long you will require these services. If credit counselling is being provided for a bankruptcy or consumer proposal, you are required to attend two mandatory sessions.

While credit counselling is involved in a consumer proposal, the two are different processes. Credit counselling refers to sessions through which a counsellor provides an individual with financial education to help them achieve financial wellness. A consumer proposal, however, is a legal process through which an individual is able to pay a reduced amount of debt in a set period of time (usually 5 years).

Credit counselling is advised for those with a low consumer-debt-to-income ratio. Credit counselling can either solely help you manage your debt, or help you to identify if you require a consumer proposal or bankruptcy to more effectively rid yourself of your debt burdens. These services are especially beneficial in situations where:

  • You find yourself frequently utilizing cash advances
  • You are applying for additional credit cards
  • You are constantly borrowing money to make monthly costs
  • You are relying on loans
  • You are only paying the minimum on your monthly credits and bills
  • You continue to spend outside your budget
  • You are considering bankruptcy or a consumer proposal

There are many benefits associated with getting credit counselling when you are seeking debt relief. Credit Counselling in Toronto can help you to achieve financial ah-ha moments by providing:

  • Personalized counselling from a trained financial professional like the counsellors at David Sklar & associates
  • Lower interest rates on credit card debt
  • Removed late fees & additional charges on debt
  • Reduced total of debt
  • Loans consolidated into one monthly payment for more manageable repayment
  • Tools and resources for better money management
  • Guidance on bankruptcies and consumer proposals
If you are experiencing serious debt problems, contact us to explore your options. Call David Sklar & Associates at 289-806-2005 or get started with our Quick Assessment Form to book your Free Consultation. During the consultation, we will help you identify what your current financial situation is and how best to fix it. With six offices in the Greater Toronto Area – we are here to help.